Section 214C(6)

In subsection (4)(a) “expenses” includes interest at a specified rate on the difference, at any time, between— the total amount of expenses (including special resolution regime payments and interest) actually incurred by the scheme manager in respect of the institution at or before that time; and the total amount actually recovered by the scheme manager in respect of the institution at or before that time.

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Source: legislation.gov.uk · retrieved 2026-09-04